Announced Thu, 8 Oct, 2026 · 17:28 IST
EGM approves preferential issue of convertible equity warrants
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Resourceful Automobile Limited held its 1st EGM of FY27 on 8 October 2026 via video conference, lasting about 15 minutes. One special resolution was tabled covering the issuance of convertible equity warrants through a preferential issue. Remote e-voting ran from 5 October 9 AM to 7 October 5 PM. The meeting was chaired by Managing Director Rahul Sawhney. Voting results for the resolution are awaited.
Likely market impact
Preferential warrant issue may lead to equity dilution; final voting outcome awaited.